Crypto Ransomware Gangs Rake In Record $1 Billion In 2023
2023 saw a huge increase in cybercriminals using ransomware to extort money from victims. According to blockchain company Chainalysis, victims paid a record $1.1 billion in cryptocurrency to ransomware attackers in 2023. This is 48.45% more than the $567 million paid in 2022 and the highest amount Chainalysis has seen since it started tracking ransomware [……
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